Veren Confirms Quarterly Dividend
Veren (TSX/NYSE: VRN) has declared its quarterly cash base dividend of $0.115 per share, as approved by the Board of Directors.
Sentiment and the balance of points
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Rhea-AI Summary
Veren (TSX/NYSE: VRN) has declared its quarterly cash base dividend of $0.115 per share, as approved by the Board of Directors. The dividend will be paid on April 1, 2025 to shareholders of record as of March 15, 2025. The company has designated these dividends as 'eligible dividends' for Canadian income tax purposes.
Positive
- Consistent dividend payment maintained at $0.115/share
- Dividends qualify for favorable Canadian tax treatment
Negative
- None.
Details
News Market Reaction – VRN
The recorded move for VRN in the trading session of this news was +8.92%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
These dividends are designated as "eligible dividends" for Canadian income tax purposes.
FOR MORE INFORMATION ON VEREN, PLEASE CONTACT:
Sarfraz Somani, Manager, Investor Relations
Telephone: (403) 693-0020 Toll-free (US and
Address: Veren Inc. Suite 2000, 585 - 8th Avenue S.W.
Veren shares are traded on the Toronto Stock Exchange and New York Stock Exchange under the symbol VRN.
View original content:https://www.prnewswire.com/news-releases/veren-confirms-quarterly-dividend-302386465.html
SOURCE Veren Inc.
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